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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessThe yuan is expected to extend..........>
CHINA PRESS: The yuan is expected to extend two-way fluctuations in the short
term and now is a good time for the range of exchange-rate movements to
increase, the China Securities Journal said Tuesday. As China's economic
fundamentals and cross-border capital flows improve - and demand and supply in
the foreign-exchange market is balanced - the yuan may continue two-way
fluctuations: which shows the trend of the yuan will likely be to appreciate
against the U.S. dollar, the newspaper said. The yuan won't continue to be
steady as it is now, unidentified analysts said in the report. While the
People's Bank of China has taken measures to stabilize the exchange rate,
marketization hasn't changed. The measures, including current pricing schemes,
are temporary tools providing a buffer period to allow time for the market to
adjust to increases in exchange-rate flexibility. But depreciation pressure on
the yuan continues, the newspaper said. (China Securities Journal)
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.